Business Management TFI posts strong Q3, terminates APPS acquisition October 23, 2020 MONTREAL, Que. – TFI International shook off the effects of the Covid-19 pandemic, posting a strong third quarter and restoring its workforce. TFI reported net income of $110.7 million, up…
Business Management TFI International buys U.S. dry bulk hauler October 5, 2020 MONTREAL, Que. – TFI International has purchased the dry bulk business of Grammer Logistics, a southeastern U.S. company hauling cement and cementitious materials, sand, fly ash, salt and lime. Grammer…
Transportation TFI acquires DLS for US$225 million September 15, 2020 MONTREAL, Que. — TFI International on Tuesday announced that it has signed a definitive agreement to acquire DLS Worldwide, a business unit of R.R. Donnelley & Sons Co. The deal,…
Transportation TFI International to buy APPS Transport August 28, 2020 MONTREAL, Que. – TFI International has announced it will purchase APPS Transport Group, an Ontario-based provider of LTL, TL and warehousing, distribution and specialized logistics with operations across Canada. The…
Transportation Rosemary Turner joins TFI board August 27, 2020 MONTREAL, Que. — Trucking giant TFI International has announced that industry veteran Rosemary Turner has joined its board of directors. “Over her 40-year career, Turner has delivered specialized supply chain…
Business Management TFI International buys Keith Hall & Sons Transport August 4, 2020 BURFORD, Ont. – TFI International has acquired Keith Hall & Sons Transport, a family-run hauler of liquid and dry foods and general freight. TFI’s latest addition generates about $30 million…
Business Management TFI International brings back employees July 28, 2020 MONTREAL, Que. – TFI International has reinstated five-day workweeks for 594 employees and rehired 793 who had been furloughed, as the trucking industry recovers from economic weakness wrought by the…
Business Management TFI picks up Comcar’s MCT Transportation June 29, 2020 MONTREAL, Que. – TFI International has purchased the assets of MCT Transportation, a refrigerated and dry van subsidiary of Comcar Industries. TFI paid US$9.6 million for the assets, including accounts…
Business Management TFI International buys Gusgo Transport June 12, 2020 MONTREAL, Que. – Canada’s largest trucking company just got bigger. TFI International has announced an agreement to acquire Gusgo Transport, a container and storage company with operations in Vaughan,…
Human Resources Fleets consider making telecommuting permanent May 28, 2020 TORONTO, Ont. – Just a few months ago, working from home was a remote dream for most people. Today, working remotely is the reality for millions, and some Canadian fleets…
Transportation Truck fleets report plunging loads, layoffs amid Covid-19 April 22, 2020 TORONTO, Ont. – Trucking is identified as an essential service, but Canada’s trucking industry is under immense economic pressure in the face of Covid-19 – leading to plunging revenues, layoffs,…
Business Management TFI International posts strong Q1, reacts to economic slowdown April 22, 2020 MONTREAL, Que. – TFI International achieved record first quarter operating income of $118.5 million, a 13% increase year-over-year, but has begun seeing the effects of the Covid-19 pandemic on its…
Transportation TFI acquires U.S. courier services business March 3, 2020 MONTREAL, Que. — TFI International Inc. has acquired the courier services business from R.R. Donnelley and Sons Co., TFI announced Monday. The courier business has a nationwide network of…
Transportation TFI names Cameron Holzer senior VP in U.S. February 19, 2020 MONTREAL, Que. — TFI International Inc. has appointed Cameron Holzer senior vice-president of operations to focus on its rapidly expanding U.S. specialized truckload business. With more than 25 years…
Transportation TFI International’s U.S. IPO raises US$230 million February 18, 2020 MONTREAL, Que. – TFI International said Tuesday its initial public offering in the U.S. has raised US$230 million. The IPO of 6.9 million common shares closed earlier in…
